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Comment for Proposed Rule 75 FR 80747

  • From: John Bengston
    Organization(s):
    Retired

    Comment No: 34569
    Date: 2/18/2011

    Comment Text:

    Submitter Info:
    First Name: John
    Last Name: Bengston
    Mailing Address: 23873 E. Phillips Pl
    City: Aurora
    State or Province: CO
    Postal Code: 80016
    Organization Name: Retired

    Please do not loosen the regulations contained in the Dodd/Frank bank bill. We've already seen the devastation caused by unregulated banking practices, and we do not need more fraud, deceit, and dishonesty. Please make sure that all banking procedures are carefully regulated, for banks cannot be trust (as Alan Greenspan said) to self-regulate for the good of the whole. Banks have only their own self-interest at heart. Someone (the government) must be involved to represent the people.

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